No. of Recommendations: 0
I just can't understand why investors would invest in (or lend money to) a company that would invest in crypto currencies.
I would expect the company would "invest" in crypto, for the same reason it engages in other forms of financial manipulation, like round trip trades, stock buybacks, and using a lot of leverage: to juice their short term profits, to juice the price of the stock. So, shareholders would want a piece of that rising stock price, that is juiced by financial manipulation. It all works great, everyone makes a lot of money, until it doesn't.
Steve
